Schlumberger opens reservoir laboratory in China

Schlumberger opens reservoir laboratory in China

Schlumberger Ltd, the world's largest oilfield services company announced the opening of a reservoir laboratory in Sichuan in a move to aid expanding activity in shale gas development. The US oil services firm's new reservoir laboratory plans to offer petrophysical and geomechanical services that will improve hydrocarbon recovery and maximize production for customers in shale development. The laboratory is situated near the company's facilities in Gaoxin and Shuangliu districts in Sichuan province, according to Chinese state run media.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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